Drawing conclusions of market performance is not very helpful this month – it was as much about who was prepared for WLTP as about whose cars were in demand
A race for vehicle refurbishing services could be sparked by used car stock shortages which are leading car dealers to downgrade the condition of stock they are buying to fill their forecourts, according to the Vehicle Remarketing Association.
Carwow has partnered with the Financial Times to champion women in the automotive industry with its first ‘Navigating a Male Dominated Industry’ seminar.
Manufacturers are exerting pressure for free-trade agreements after Britain leaves the EU in March, but retailers still seek clarity on the financial impact
Pendragon has projected full-year financial results delivering a further 17.2% decline in underlying profit before tax in an interim management statement revealing declines in turnover and profit during Q3.
Cox Automotive will deliver insight into how car retailers can deliver on customers’ expectations of a ‘connected retail’ experience at Automotive Management Live 2018.
Manheim has forecasted a buoyant end to 2018 for the used car market following an uplift in buyer activity during September - describing demand for the right stock as "supercharged".
Cap HPI has warned that large car retail groups that inaccurate vehicle data could be costing their business £117,000 a year in findings from a profitability study carried out in partnership with the Institute of Transport Studies.
The Society of Motor Manufacturers and Traders (SMMT) has urged the Chancellor of the Exchequer to “stimulate the market” with his 2018 budget following September’s 16.8% decline in car production.
LeasePlan announced the appointment of LeasePlan UK’s current managing director Matt Dyer as president and chief executive officer of LeasePlan USA amid changes at the top of its business.
The founders of CarWizz have claimed that the new online retail platform will return the control of customer relationships to retailers and reduce ageing new car stock without resorting to a "race to the bottom".
Marshall Motor Holdings announced the appointment of Richard Blumberger as chief financial officer - replacing Mark Raban in 2019.
PSA Group overtook the Volkswagen Group as Europe’s best-selling car brand as the effects of WLTP’s implementation resulted in the region’s biggest monthly registrations decline in a decade during September.
Aston Barclay announced the appointment of former Inchcape UK used car director, Cliff Deller to the position of group remarketing director.
Bristol Street Motors is welcoming two new recruits to its Seat dealership in Birmingham, including the site’s first Motability sales executive.
Aston Barclay has completed a deal to open a new auction centre at Wakefield’s Photon Park, a 16-acre site set to sell 50,000 in the coming year
The Independent Motor Dealers Association (IMDA) is aiming to grow its membership to 500 before the end of 2018 after celebrating its first 12 months in operation.
Hyundai Motor UK chief executive Tony Whitehorn has warned that the automotive sector must adopt a blended and flexible approach to adapt to the changing retail environment.
Used car values fell by 5.4% at auction during September according to the National Association of Motor Auctions.
BDO’s eighth motor salary survey has revealed that the average car retail employee’s annual remuneration package has increased from £40,000 to £41,000 in 2018.
Car retailers have been warned not to breach the Financial Conduct Authority’s new Insurance Distribution Directive, which demands increased staff training in a bid to enhance consumer protection.
The new WLTP rules enforced from September 1 mean that many dealers are still facing significant supply issues for new car model ranges.
Arnold Clark has launched The Arnold Clark Car Show on YouTube, offering advice on new car models, the latest in-car technology and automotive industry news.
BCA has confirmed plans for an additional Glasgow-based remarketing facility amid “ambitious” Scottish operations expansion.
A cross-party group of 42 Parliamentarians have called upon the Chancellor of the Exchequer, Phillip Hammond, to use this upcoming budget to stimulate the uptake of electric vehicles (EVs).
Used vehicle values are being artificially inflated as competition hots up amongst buyers for nearly new and ex-fleet stock amid WLTP-related new car shortages, according to Shoreham Vehicle Auctions (SVA).
Investment in a hub and spoke car retail model will help to ensure that franchised dealers “thrive and have many years of longevity”, according to a new sector report published by Colliers International.
Online customer service reviews are now becoming an integral part of the buying experience for consumers.
Ben has appointed Institute of the Motor Industry (IMI) chief executive Steve Nash as the new chair of its board of trustees amid changes to the charity’s leadership team.
TrustFord is preparing to expand into Scotland as it takes a central role in Ford of Britain’s new Parts Plus wholesale parts network.
